Apple passes Exxon as world’s most valuable company

The Associated Press reports: “It doesn’t take a visit to the Genius Bar to figure out how Apple became the most valuable company in America. Its lineup of sleek phones, computers and iPods, irresistible to customers even in tough economic times, propelled it to the No. 1 position by market value Wednesday, surpassing Exxon Mobil. Apple’s stock on the open market is now worth more than any other company’s.” Read more at seattlepi.com.